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SpiceJet gains on unveiling low-fare plan of Rs 2,999

04 Jun 2014

SpiceJet is currently trading at Rs. 18.50, up by 0.15 points or 0.82% from its previous closing of Rs. 18.35 on the BSE.

The scrip opened at Rs. 18.50 and has touched a high and low of Rs. 18.80 and Rs. 18.35 respectively. So far 17,80,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 34.95 on 07-Jun-2013 and a 52 week low of Rs. 12.50 on 04-Mar-2014.

Last one week high and low of the scrip stood at Rs. 19.20 and Rs. 17.75 respectively. The current market cap of the company is Rs. 992.95 crore.

The promoters holding in the company stood at 53.48% while Institutions and Non-Institutions held 1.60% and 44.92% respectively.

SpiceJet, controlled by billionaire Kalanithi Maran’s Sun Group, has came out with another promotional offer, offering travel at fares starting as low as Rs 2,999 (all-inclusive one way fares). Consumers can book tickets between June 3-5, 2014 for travel between July 6, 2014 and March 28, 2015.

The three-day offer will be applicable for all via and onward connection flights. Limited inventory is available on first-come-first-served basis and the sale is not applicable on bookings made for infants and groups.

SpiceJet is India’s most preferred airline who delivers the lowest air fares with the highest consumer value. The airline currently operates more than 350 daily flights to over 44 Indian cities and 9 international destinations.

Related Spicejet Ltd. Links:

Spice Jet Share Price

76.90 -0.80 (-1.03%) Jun 17, 18:01
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323